Silver Price in 2007
In 2007, the price of silver averaged $13.38 per troy ounce, up 15.8% from the year before. This page covers the 2007 average, high, low, and year-end close, and what that silver would be worth in today's dollars.
2007 Average
$13.38
LBMA annual average, USD/oz
Change vs 2006
+15.8%
from $11.55 in 2006
2007 High
$16.23
from daily trading data
2007 Low
$11.08
from daily trading data
Year-End Close
$14.80
last trading day of 2007
Silver Price Chart, 1997 to 2017
Silver Price by Month in 2007
Each month's average of daily closing prices, with its high and low, per troy ounce. These come from MetalCharts daily spot data, so they can differ slightly from the annual average above, which is based on LBMA annual average data.
| Month | Average | High | Low |
|---|---|---|---|
| January 2007 | $12.85 | $13.65 | $12.05 |
| February 2007 | $13.94 | $14.73 | $13.23 |
| March 2007 | $13.13 | $14.34 | $12.41 |
| April 2007 | $13.74 | $14.12 | $13.01 |
| May 2007 | $13.16 | $13.59 | $12.71 |
| June 2007 | $13.12 | $13.82 | $12.14 |
| July 2007 | $12.92 | $13.51 | $12.36 |
| August 2007 | $12.32 | $13.20 | $11.08 |
| September 2007 | $12.89 | $13.87 | $12.01 |
| October 2007 | $13.72 | $14.59 | $13.09 |
| November 2007 | $14.66 | $16.23 | $13.81 |
| December 2007 | $14.37 | $14.91 | $13.61 |
What happened to the silver price in 2007
Silver averaged $13.38 per troy ounce in 2007, climbing 15.8% from the $11.55 average of 2006. Daily trading data shows silver moved between a low of $11.08 and a high of $16.23 during the year, ending 2007 at $14.80.
The 2000s revived silver as an investment asset. The launch of the SLV exchange-traded fund in 2006 opened the metal to mainstream portfolios, and the financial crisis at the end of the decade rekindled safe-haven demand.
Adjusted for inflation, silver's 2007 average of $13.38 equals about $21 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of silver in 2007?
What is a 2007 silver price worth in today's dollars?
Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.